nach oben

Erschienen in:

2017 | OriginalPaper | Buchkapitel

Upward and Downward Complementarity: The Meso Core of Evolutionary Growth Theory

verfasst von : Kurt Dopfer, Jason Potts, Andreas Pyka

Erschienen in: Foundations of Economic Change

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

We propose that the concept of complementarity can take two distinct meanings in evolutionary economics: one referring to Adam Smith’s notion of increasing specialization and the division of labour, which we denote ‘downward complementarity’ (wholes into new parts); and a second type that refers to the discovery of emergent complementarity between extant or new components and products, which we call ‘upward complementarity’ (parts into new wholes). We outline this new conception and explore some of its analytic and theoretic implications.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Behavior and Cognition of Economic Actors in Evolutionary Economics

Nächstes Kapitel Global Dynamics, Capabilities and the Crisis

Complementarity is also defined on the demand side as the dual of substitution, specifically as a way of classifying goods in a preference ordering: two goods are substitutes or complements depending on whether cross-price elasticity is negative or positive. Neoclassical economics is an operational analysis of price coordination that expresses a framework of generalized substitution—viz. agents reallocate by making substitutions in markets.

Aghion P, Akcigit U, Howitt P (2013) What do we learn from Schumpeterian growth theory? Mimeo, New YorkCrossRef

Aldrich H, Fiol M (1994) Fools rush in? The institutional context of industry creation. Acad Manag Rev 19(4):645–670

Antonelli C (2011) The complexity of technological change: knowledge interaction and path dependence. In: Antonelli C (ed) Handbook on the economic complexity of technological change. Edward Elgar, CheltenhamCrossRef

Arthur B (2014) Complexity economics. Oxford University Press, Oxford

Bakhshi H, Freeman A, Potts J (2011) State of uncertainty: innovation policy through experimentation. NESTA, London

Baumol W (1990) Entrepreneurship: productive, unproductive, and destructive. J Polit Econ 98(5):893–921CrossRef

Baumol W (2015) Joseph Schumpeter: the long run, and the short. J Evol Econ 25(1):37–44CrossRef

Baumol W, Panzar J, Willig R (1988) Contestable markets and the theory of industry structure. Harcourt Brace, New York

Beinhocker E (2011) Evolution as computation: integrating self-organization with generalized Darwinism. J Inst Econ 7(3):393–423

Blind G, Pyka A (2014) The rule approach in evolutionary economics: a methodological template for empirical research. J Evol Econ 24(5):1085–1105CrossRef

Cantner U, Graf H (2006) The network of innovators in Jena: an application of social network analysis. Res Policy 35(4):463–480CrossRef

Casson M (1982) The entrepreneur: an economic theory. Oxford University Press, Oxford

Dias M, Pedrozo E, da Silva T (2014) The innovation process as a complex structure with multilevel rules. J Evol Econ 24(4):1067–1084CrossRef

Dopfer K (2005) Evolutionary economics: a theoretical framework. In: Dopfer K (ed) The evolutionary foundations of economics. Cambridge University Press, CambridgeCrossRef

Dopfer K (2011) Mesoeconomics: a unified approach to systems complexity and evolution. In: Antonelli C (ed) Handbook on the economic complexity of technological change. Edward Elgar, Cheltenham

Dopfer K (2012) The origins of meso economics: Schumpeter’s legacy and beyond. J Evol Econ 22(1):133–160CrossRef

Dopfer K (2015) Evolutionary economics. In: Faccarello G, Kurz H (eds) Handbook of the history of economic analysis, Schools of thought in economics, vol II. Edward Elgar, Cheltenham

Dopfer K, Potts J (2008) General theory of economic evolution. Routledge, London

Dopfer K, Foster J, Potts J (2004) Micro, meso macro. J Evol Econ 14:263–279CrossRef

Foss N, Klein P (2012) Organizing entrepreneurial judgment. Cambridge University Press, CambridgeCrossRef

Foster J (2013) Energy, knowledge and economic growth. J Evol Econ 24(2):209–238CrossRef

Foster J, Metalfe JS, Ramlogan R (2006) Adaptive economic growth. Camb J Econ 30(1):7–32CrossRef

Hanusch H, Pyka A (2007) Principles of Neo-Schumpeterian economics. Camb J Econ 31:275–289CrossRef

Hausmann R, Rodrik D (2003) Economic development as self-discovery. J Dev Econ 72(2):603–633CrossRef

Hidalgo C, Hausmann R (2009) The building blocks of economic complexity. Proc Natl Acad Sci 106(26):10570–10575CrossRef

Kerr W, Nanda R, Rhodes-Kropf M (2014) Entrepreneurship as experimentation. J Econ Perspect 28(3):25–48CrossRef

Kirzner I (1999) Creativity and/or alertness: a reconsideration of the Schumpeterian entrepreneur. Rev Austrian Econ 11:5–17CrossRef

Kling A (2011) Patterns of sustainable specialization and trade: a Smith-Ricardo theory of macroeconomics. Capital Soc 6(2):1–18CrossRef

Leijonhufvud A (2007) The individual, the market and the division of labor in society. Capital Soc 2(2):1–19CrossRef

March J (1991) Exploration and exploitation in organizational learning. Organ Sci 2(1):71–87CrossRef

Metcalfe JS (2001) Evolutionary approaches to population thinking and the problem of growth and development. In: Dopfer K (ed) Evolutionary economics: program and scope. Kluwer, Dordrecht, pp 141–164CrossRef

Metcalfe JS (2004) The entrepreneur and the style of modern economics. J Evol Econ 14:157–175CrossRef

Metcalfe JS (2014) Capitalism and evolution. J Evol Econ 24(1):11–34CrossRef

Nelson RR (2005) Technology, institutions, and economic growth. Harvard University Press, Cambridge, MA

Nelson RR (2016) Behavior and cognition of economic actors in evolutionary economics. J Evol Econ 26:737–751CrossRef

Nelson RR, Dosi G (1994) An introduction to evolutionary theories in economics. J Evol Econ 4(3):153–172CrossRef

Nelson RR, Winter S (1982) An evolutionary theory of economic change. Harvard University Press, Cambridge

Perez C (2009) Technological revolutions and techno-economic paradigms. Camb J Econ 34(1):185–202CrossRef

Potts J (2000) The new evolutionary microeconomics. Edward Elgar, Cheltenham

Potts J (2011) Creative industries and economic evolution. Edward Elgar, CheltenhamCrossRef

Pyka A (2015) Avoiding evolutionary inefficiencies in innovation networks. Prometheus 32:265–279CrossRef

Pyka A, Saviotti PP (2005) The evolution of R&D networking in the biotechnology-based industries. Int J Entrep Innov Manag 5:49–68

Raffaelli T (2003) Marshall’s evolutionary economics. Routledge, London

Romer P (1990) Endogenous technical change. J Polit Econ 98:71–102CrossRef

Safarzyńska K, Frenken K, van den Bergh JCJM (2012) Evolutionary theorizing and modeling of sustainability transitions. Res Policy 41(6):1011–1024CrossRef

Sarasvathy S (2001) Causation and effectuation: toward a theoretical shift from economic inevitability to entrepreneurial contingency. Acad Manag Rev 26(2):243–263

Saviotti PP, Pyka A (2013) The co-evolution of innovation, growth and demand. Econ Innov New Technol 22(5):461–482CrossRef

Schumpeter JA (1908) Wesen und Hauptinhalt der theoretischen Nationalökonomie. Duncker & Humblot, Leibzig

Shackle GLS (1972) Epistemics and economics. Cambridge University Press, Cambridge

Shane S (2000) A general theory of entrepreneurship. Edward Elgar, Cheltenham

Simon H (1985) What do we know about the creative process? In: Kuhn R (ed) Frontiers in creative and innovative management. Ballinger, Cambridge, MA

Teece D (1986) Profiting from technological innovation: implications for integration, collaboration, licensing, and public policy. Res Policy 15:285–305CrossRef

Tether B, Stigliani I (2012) Toward a theory of industry emergence: entrepreneurial actions to imagine, create, nurture and legitimate a new industry. Paper presented at DRUID

Teubal M (2013) Israel’s ICT-oriented, high tech, entrepreneurial cluster of the 1990s: a systems/evolutionary and strategic innovation policy perspective. KDI, Global Industry and Economy Forum, Seoul

Tinbergen J (1991) The functioning of economic research. J Econ Issues 25(1):33–38CrossRef

von Hippel E (1986) Lead users: a source of novel product concepts. Manag Sci 32(7):791–805CrossRef

Weitzman M (1998) Recombinant growth. Q J Econ 113(2):331–360CrossRef

Witt U (2009) Propositions about novelty. J Econ Behav Organ 70(1–2):311–320CrossRef

Yoguel G, Pereira M (2014) Industrial and technological policy: contributions from evolutionary perspectives to policy design in developing countries. Munich University, MPRA

Young A (1928) Increasing returns and economic progress. Econ J 38:527–542CrossRef

Zahra S, George G (2002) Absorptive capacity: a review, reconceptualization, and extension. Acad Manag Rev 27:185–203

Titel: Upward and Downward Complementarity: The Meso Core of Evolutionary Growth Theory
verfasst von: Kurt Dopfer
Jason Potts
Andreas Pyka
Verlag: Springer International Publishing
Buch: Foundations of Economic Change
Print ISBN: 978-3-319-62008-4

Electronic ISBN: 978-3-319-62009-1

Copyright-Jahr: 2017
DOI: https://doi.org/10.1007/978-3-319-62009-1_4

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"